ilmscore | Prediction Details
"the third big tax break that you get is something called the 1031 exchange which says that you can sell your real estate for a profit and not have to pay any money and taxes if you take your profits and buy another property"
By Minority Mindset | October 22, 2023 | Pending
From video
How To Build True Wealth Through Real Estate Investing | Jaspreet Singh 00:12:08 - 00:12:21
Interpreted Prediction
The 1031 exchange allows real estate investors to defer paying taxes on profits by reinvesting the proceeds into another property.

Prediction Details

Topic
1031 Exchange for Real Estate Investors

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